About Net HR Solutions (I) Private Limited
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Net HR Solutions (I) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Net Employment Services Pvt. Ltd. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 04 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2007PTC171294.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanjay Namdeo Salunkhe and Balkrishna Namdeo Salunkhe.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9 1st Floor Brijwasi Building Opp Udhyog Bhawan Sonawala Road Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2022, the company reported a revenue of ₹1 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹56,315 (net margin 56.3%) and EBITDA of ₹78,315 (EBITDA margin 78.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nethr.in.
Company details
Contact details
Net HR Solutions (I) Private Limited's registered office is in Mumbai, Maharashtra. Its website is nethr.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address9 1st Floor Brijwasi Building Opp Udhyog Bhawan Sonawala Road Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Net HR Solutions (I) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Net HR Solutions (I) Private Limited
FY 2025 filings availableNet HR Solutions (I) Private Limited reported revenue of ₹1 Lakh (down 7% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 7% fall in the latest year. EBITDA rose 102% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1 Lakh | ||||
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| EBITDA | ₹78,315 | ||||
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| Net Profit (PAT) | ₹56,315 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 78.3% | ||||
| Net Profit Margin | 56.3% | ||||
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To see the full financial statements and ratios of Net HR Solutions (I) Private Limited, buy the company report.
Board of directors of Net HR Solutions (I) Private Limited
Net HR Solutions (I) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Namdeo Salunkhe | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Balkrishna Namdeo Salunkhe | Director | 28 Jun 2024 | 2 Years 3 Months | Current |
Auditor
Net HR Solutions (I) Private Limited is audited by MULANI AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MULANI AND ASSOCIATES | FY 2022 | 149319W |
Shareholding
The shareholding of Net HR Solutions (I) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Net HR Solutions (I) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Net HR Solutions (I) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Net HR Solutions (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Net HR Solutions (I) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Net HR Solutions (I) Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Balkrishna Namdeo Salunkhe was appointed as Director on 28 Jun 2024.
Frequently asked questions
Net HR Solutions (I) is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 04 June 2007 (19+ years old) and is registered under CIN U72300MH2007PTC171294.
Net HR Solutions (I) has 2 current directors:
- Sanjay Namdeo Salunkhe - Director
- Balkrishna Namdeo Salunkhe - Director
The latest financial statements of Net HR Solutions (I) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Net HR Solutions (I) is U72300MH2007PTC171294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Net HR Solutions (I) was incorporated on 04 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Balkrishna Namdeo Salunkhe was appointed as Director on 28 Jun 2024. Rajendra Namdeo Salunkhe ceased to be Additional Director on 28 Jun 2024. Sanjay Namdeo Salunkhe ceased to be Additional Director on 30 Sep 2022. Net HR Solutions (I) has 7 board changes on record in total.
Net HR Solutions (I) can be reached through the website nethr.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Net HR Solutions (I) is at 9 1st Floor Brijwasi Building Opp Udhyog Bhawan Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063.
Net HR Solutions (I) operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
The compliance status of Net HR Solutions (I) is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.